31 August 2021
Hollard-backed Open, the insurtech behind the Huddle brand, is gearing up to launch in New Zealand this Christmas period and in the UK next year after raising $31 million in new capital from investors...
31 August 2021
The Australian Financial Complaints Authority has ruled in favour of a Community Broker Network authorised representative after a dispute sparked when a truck was damaged during a brief period when the vehicle had been removed from a policy...
31 August 2021
Zurich Australia and New Zealand is offering four weeks paid leave and other support measures under a gender affirmation policy that represents another step in facilitating a diverse and inclusive workplace...
27 August 2021
The Tasmanian Government has opened consultations on proposed fire and emergency services reforms that include ending funding provided through a levy on insurance premiums...
27 August 2021
Steadfast-backed Asparq has acquired broking company Fraser and Associates and OneFocus, a wealth management and accounting firm...
27 August 2021
AIG was entitled to decline a claim related to copper piping and electrical wiring theft from a refrigerated warehouse as the property, which hadn’t been let due to COVID-19 issues, had been unoccupied for more than 90 days, the Australian Financial Complaints Authority has ruled...
27 August 2021
The Insurance Council of Australia and insurers will meet with Cyclone Seroja claimants next week after complaints about delays...
26 August 2021
The general insurance industry achieved slightly better results for the year to June 30 despite the continued effects of the virus pandemic and catastrophe claims on earnings, according to the latest statistics update from the prudential regulator...
26 August 2021
AUB Group earnings have jumped as increases in commercial line premiums contributed to a stronger result from the key Australian broking division...
26 August 2021
Grass and crop growth in south-east Queensland and northern NSW, along with plentiful grass and dry soil in the north of WA, are creating above normal fire potential conditions in those areas as Australia heads into spring...
26 August 2021
The National Insurance Brokers Association annual convention has been rescheduled to February 7-21 as Sydney, Melbourne and Brisbane all battle COVID by restricting social gatherings...
25 August 2021
The Insurance Brokers Code Compliance Committee will continue to push for improved practices and conduct from intermediaries as its latest code report shows a “concerning” drop in the percentage of subscribers self-reporting breaches...
25 August 2021
The Insurance Council of Australia second business interruption test case has been postponed for a week due to difficulties some policyholders have had in obtaining government data and expert evidence on COVID-19 outbreak details...
25 August 2021
Assetinsure has introduced the strongest family violence policy under requirements in the latest iteration of the General Insurance Code of Practice, but a number of firms need to make improvements, a Financial Rights Legal Centre desktop audit has found...
25 August 2021
The flood of regulatory reform about to wash up at the industry's door is the main focus of the latest Insurance News podcast...
24 August 2021
Cyber insurance premiums in Australia increased by up to 80% in the second quarter compared to the same period last year, and claims numbers are up by 50%, Marsh says...
24 August 2021
Panels to provide advice on the planned Northern Australian cyclone reinsurance pool are being tapped for regular input as Treasury keeps a tight hold on information as it works to deliver the project by the middle of next year...
24 August 2021
Johns Lyng Group today reported double-digit increases in full-year earnings, underpinned by strong performances from its core insurance building and restoration services arm...
24 August 2021
Chubb must payout an additional $225,420 after losing a claim dispute over the misappropriation of large sums over six years by a senior payroll officer...
20 August 2021
Steadfast underwriting agency Mansions of Australia has bought exclusive renewal rights to AIG’s home and contents portfolio for high and ultra-high net worth individuals...